NEFFX Alternatives & Similar Mutual Funds

American Funds The New Economy Fund® Class F-2 (NEFFX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NEFFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to NEFFX

NEFFX charges 0.52% annually. There are 33 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GMGEX	GMO Global Equity Allocation Fund	0.01%	—	Nov 1996	NEFFX vs GMGEX
GWOAX	GMO Global Developed Equity Allocation Fund	0.01%	—	Jun 2005	NEFFX vs GWOAX
SSGLX	State Street Global All Cap Equity ex-U.S. Index F...	0.07%	—	Sep 2014	NEFFX vs SSGLX
UCEQX	USAA Cornerstone Equity Fund	0.09%	—	Jun 2012	NEFFX vs UCEQX
VTWAX	Vanguard Total World Stock Index Fund Admiral Shar...	0.09%	90.20B	Feb 2019	NEFFX vs VTWAX

Best Risk-Adjusted Alternatives to NEFFX

NEFFX has a PortfoliosLab risk / return rank of 88. There are 12 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
LVAGX	LSV Global Value Fund	96	—	Jun 2014	NEFFX vs LVAGX
VGPMX	Vanguard Global Capital Cycles Fund	95	3.90B	May 1984	NEFFX vs VGPMX
GCCHX	GMO Climate Change Fund	93	—	Apr 2017	NEFFX vs GCCHX
EPSYX	MainStay Epoch Global Equity Yield Fund	92	—	Dec 2005	NEFFX vs EPSYX
JGYIX	John Hancock Global Shareholder Yield Fund	92	—	Feb 2007	NEFFX vs JGYIX

Top Performing NEFFX Alternatives (YTD)

NEFFX is at 22.99% YTD. There are 6 mutual funds in the Global Equities category with higher YTD returns, going as high as 28.94%.

Symbol	Name	YTD Return	AUM	Inception
OBEGX	Oberweis Global Opportunities Fund	28.94%	—	Jan 1987	NEFFX vs OBEGX
GCCHX	GMO Climate Change Fund	28.83%	—	Apr 2017	NEFFX vs GCCHX
LVAGX	LSV Global Value Fund	25.25%	—	Jun 2014	NEFFX vs LVAGX
AGLOX	Ariel Global Fund	24.67%	—	Dec 2011	NEFFX vs AGLOX
PRGSX	T. Rowe Price Global Stock Fund	23.78%	—	Dec 1995	NEFFX vs PRGSX

Lowest Volatility Alternatives to NEFFX

NEFFX has 17.19% 1-year volatility. There are 211 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 6.81%.

Symbol	Name	Volatility 1Y	AUM	Inception
VMVFX	Vanguard Global Minimum Volatility Fund Investor S...	6.81%	2.00B	Dec 2013	NEFFX vs VMVFX
VMNVX	Vanguard Global Minimum Volatility Fund Admiral Sh...	6.83%	2.00B	Dec 2013	NEFFX vs VMNVX
SVTAX	SEI Institutional Managed Trust Global Managed Vol...	7.21%	—	Jul 2006	NEFFX vs SVTAX
MFWIX	MFS Global Total Return Fund Class I	7.38%	—	Sep 1990	NEFFX vs MFWIX
SGMAX	SEI Institutional Investments Trust Global Managed...	7.62%	—	Jan 2016	NEFFX vs SGMAX

Lowest Drawdown Alternatives to NEFFX

NEFFX has a 1-year max drawdown of -13.32%. There are 202 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -5.21%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RTXAX	Russell Investment Tax-Managed Real Assets Fund	-5.21%	—	Jun 2019	NEFFX vs RTXAX
GQFPX	GQG Partners Global Quality Dividend Income Fund	-5.24%	—	Jun 2021	NEFFX vs GQFPX
GQRPX	GQG Partners Global Quality Equity Fund	-5.37%	—	Mar 2019	NEFFX vs GQRPX
GQRIX	GQG Partners Global Quality Equity Fund Institutio...	-5.40%	—	Mar 2019	NEFFX vs GQRIX
LVAFX	LSV Global Managed Volatility Fund	-5.76%	—	Jun 2014	NEFFX vs LVAFX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, RGAGX and span 6 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	85	9.98%	—	Jul 1975	NEFFX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	55	10.91%	—	Jan 1934	NEFFX vs AIVSX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	35	10.24%	—	Dec 1973	NEFFX vs RGAGX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	5.89%	—	Jul 1952	NEFFX vs AWSHX
RERGX	American Funds EuroPacific Growth Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities	40	12.33%	—	—	NEFFX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities	75	15.14%	—	Jan 1978	NEFFX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Large Cap Growth Equities, Global Equities	29	7.38%	—	Mar 1973	NEFFX vs ANWPX
GFFFX	American Funds The Growth Fund of America	Large Cap Growth Equities	34	10.19%	—	Dec 1973	NEFFX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	53	6.34%	—	Dec 1973	NEFFX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	27	6.34%	—	Jan 1967	NEFFX vs AMCPX

Often Compared With NEFFX

Investors most often compare NEFFX with VTI, DODEX, GLIFX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	68	11.20%	2.20T	May 2001	NEFFX vs VTI
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Diversified	94	25.77%	—	May 2021	NEFFX vs DODEX
GLIFX	Lazard Global Listed Infrastructure Portfolio Inst...	Global Equities	24	7.33%	—	—	NEFFX vs GLIFX
FMIEX	Wasatch Global Value Fund Investor Class Shares	Global Equities	89	13.17%	—	Sep 1996	NEFFX vs FMIEX
FGIAX	Nuveen Global Infrastructure Fund Class A	Global Equities	29	9.87%	—	Dec 2007	NEFFX vs FGIAX
ARTHX	Artisan Global Equity Fund	Global Equities	62	13.35%	—	Mar 2010	NEFFX vs ARTHX
MVGIX	MFS Low Volatility Global Equity Fund	Global Equities	17	2.95%	—	Dec 2013	NEFFX vs MVGIX
VGT	Vanguard Information Technology ETF	Technology Equities	76	31.64%	144.20B	Mar 2004	NEFFX vs VGT
CSUAX	Cohen & Steers Global Infrastructure Fund Class A	Global Equities	40	9.47%	—	Aug 2017	NEFFX vs CSUAX
FPE	First Trust Preferred Securities & Income ETF	Preferred Stock/Convertible Bonds	61	0.97%	6.34B	Feb 2013	NEFFX vs FPE
CAEIX	Calvert Global Energy Solutions Fund	Global Equities	89	23.10%	—	May 2007	NEFFX vs CAEIX
FID	First Trust S&P International Dividend Aristocrats...	Foreign Large Cap Equities, Dividend	62	8.56%	164.97M	Aug 2013	NEFFX vs FID
LAMYX	Lord Abbett Dividend Growth Fund	Large Cap Blend Equities	58	7.90%	—	Dec 2001	NEFFX vs LAMYX
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.51%	91.90B	May 2020	NEFFX vs SGOV
MDGCX	BlackRock Advantage Global Fund, Inc.	Global Equities	91	19.80%	—	Aug 1994	NEFFX vs MDGCX
VYM	Vanguard High Dividend Yield ETF	Dividend	77	12.47%	94.60B	Nov 2006	NEFFX vs VYM
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	Dividend, S&P 500, Large Cap Value Equities	22	3.51%	11.07B	Oct 2013	NEFFX vs NOBL
VHT	Vanguard Health Care ETF	Health & Biotech Equities	27	-4.02%	18.50B	Jan 2004	NEFFX vs VHT
ACAZX	Alger Capital Appreciation Fund Class Z	Large Cap Growth Equities	42	15.70%	—	Dec 2010	NEFFX vs ACAZX
VXUS	Vanguard Total International Stock ETF	Global Equities	60	14.25%	629.30B	Jan 2011	NEFFX vs VXUS

Compare NEFFX with Any Fund or Stock

Compare NEFFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair NEFFX with funds that move differently

American Funds The New Economy Fund® Class F-2 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NEFFX.

Explore NEFFX Diversifiers

American Funds The New Economy Fund® Class F-2 (NEFFX) Alternatives